For my muggle friends: Taking your bitcoin off the exchange
I want bitcoin to be for everyone. Still, anyone who owns it, whether they hold it themselves or leave it on an exchange, should understand the risks and responsibilities that come with it. In July, Coinkite disclosed that a firmware bug in some Coldcard hardware wallets had weakened the randomness behind the seeds they generated, and attackers recreated private keys from those seeds. In October, Ledger reported that criminals had opened genuine Ledger devices, added hidden components that captured recovery phrases during setup, and put them back on sale. This week, Binance paused withdrawals after attackers drained its hot wallets. ...
